MCHENRY, IL–(June 2, 2015) – Frontline Real Estate Partners closed the sale of a retail strip center located at 2610-2640 Schaid Court in McHenry for $1,000,000 on June 2, 2015. Frontline had listed the 13,698 square foot strip center for sale on behalf of bank client who took ownership of the property through foreclosure. It was 85% occupied at the time of sale. Multiple offers were procured during the marketing process before ultimately selling to a retail investor.
About Frontline Real Estate Partners
Frontline Real Estate Partners, LLC is a Chicago-based real estate investment and advisory company with expertise in the acquisition, management, disposition, and leasing ofcommercial real estate properties throughout the United States.Founded in 2010, Frontline invests in value-add properties and provides transactional and advisory services to banks, financial institutions, and owners with a focus on the real estate restructuring industry.